Tampa, FL-based SkyView Advisors closed on Long Beach Storage Center at 1700 Santa Fe Ave. in Long Beach, CA. The facility has 22,625 NRSF, with 384 units spread across two stories. Overall, it has 1.03 acres. The site is near full capacity. Andrew Sacks, senior associate, and Richard Riddle, executive vice president, represented the sellers in the deal. The site has room for expansion.
Source: SkyView Advisors
Company President Cameron Vale and the Tampa, FL-based Oakside Co. team closed a deal for the Terrace Storage Center (below), with the buyer being a national private equity company and the seller a private regional developer. The price was not disclosed. The center is at 5311 E. Busch Blvd. in the Temple Terrace area of Tampa, FL. The facility has two buildings with two stories each. It also has an NRSF of 88,127 square feet and 1,210 units. Source: Oakside Co.
Citizen Storage Management added The Storage House – a fully automated, climate-controlled facility in Waterford Township, MI – to its managed portfolio. CSM manages 12 facilities in three states that total 4,500-plus self-storage units, 590,000 NRSF and assets of more than $100 million. Source: Citizen Storage Management
